85 Park Avenue No longer available

Brantford, N3S 5H4

$1,000,000

Description

Listed by ROYAL LEPAGE BRANT REALTY.

This VACANT legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro and gas allowing for minimal expenses to the property owner and very strong cashflow . This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list.

Location

View Map
  • Address: 85 Park Avenue
  • Neighborhood:
  • City: Brantford
  • State: Ontario
  • Postal Code: N3S 5H4

Property Details

  • Property ID: X9367819
  • Property Price: $1,000,000
  • Style: Fourplex, 3-Storey
  • Sq/Ft: 3000-3500
  • Rooms: 20+0
  • Bedrooms: 8+0
  • Bath: 4
  • Parking Spaces: 1
  • Year Built: 100+
  • Basement: Finished, Full
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Radiant
  • Fireplace: N
  • Taxes: $5,682.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 108.90x33.00 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

Nearby Listings

  • For Sale

16-18 Puleston Street

Brantford, N3S 6P2

  • 8 Bedrooms
  • 4 Bath
  • 2500-3000 sq ft